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KUALA LUMPUR: Perbadanan Nasional Bhd (PNS) has ceased to be a substantial shareholder of Bio Osmo Bhd after it sold 41.56 million shares on Jan 10.
PETALING JAYA: Tanjung Offshore Bhd managing director Harzani Azmi has emerged as a substantial shareholder in Bio Osmo Bhd, spurring speculation that the loss-making bottled water manufacturer might change its course into the more lucrative oil and gas (O&G) sector.
PETALING JAYA: Former Bio Osmo Bhd managing director Datuk Seri Krishna Kumar Sivasubramaniam (pic) has come out to address speculation that he is selling out of the company and that the business direction of the company is changing.
PETALING JAYA: Loss-making bottled water player Bio Osmo Bhd may see the emergence of a new shareholder and the injection of a new business, after its group managing director Datuk Seri Krishna Kumar Sivasubramaniam resigned and sold his stake in the company, said an industry source.
BIO Osmo Bhd, a Malaysian public limited company, officially announced the commencement of production for world-renowned energy drink Arctic Ice in Malaysia recently.